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The U.S. has not printed any $20 silver certificates since 1891. What you are describing sounds like a private issue. VERY few of these items ever end up being worth as much as they originally cost - there's usually little or no aftermarket demand for them.

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The easiest way is to take it to a coin or antiques dealer. However, whether you can sell it depends on its denomination, date, series letter, and condition. If it's a… 1957 $1 bill, it's one of the most common silver certificates and is worth only about $1.25 retail so a dealer will only pay face value. Older $1 bills may bring up to $2 or $3, more if they're in excellent condition. Other denominations have a similar range, but you have to know exactly what you're looking at. There are auction prices at a number of sites - there's a useful one at the Related Link below.(MORE)

Assuming the series date is 1935 or 1957, not much is special except that the bill represents a form of currency no longer issued by the Treasury. Nearly all of them have blue… seals and serial numbers so they stand out versus today's universally green-seal bills. Most bills with those dates were printed in huge numbers. Even today they don't sell for much more than a couple of dollars. There are some exceptions, though, like the special yellow- or brown-seal bills printed during WWII. Silver certificates were backed 1-for-1 with silver metal on deposit with the government. Up till the early 1960s the price of silver was tightly controlled, and it was possible to exchange a certificate for the same dollar amount of silver. When demand for silver skyrocketed the government could no longer control supply and demand. The price was deregulated and the Treasury sold off its silver stocks. To prevent speculation and manipulation of the silver certificates in circulation, the Treasury discontinued redemption for silver metal. In 1963 the Treasury began printing $1 bills as Federal Reserve Notes, although some silver certificate production continued as late as 1965. (MORE)

It's not a silver certificate, it's a Federal Reserve note. The last $20 silver certificates were printed in the 1890s. Your bill is worth $22.-$45.depending on how wo…rn it is, unless the Federal Reserve bank is Kansas City. In that case the value is $45-$90.(MORE)

Coin collectors, or numismatists, are well-versed in coins and dollars that are in the collectibles category. However, even the most educated collector may need advice on how …to buy Morgan silver dollars, particularly when there are many counterfeits and copies on the market. Others may want to know how to buy these beautiful silver coins so that they can invest in the silver market with the coins. These are not pure silver coins and not considered rare by collectors; however, they are beautiful and prized by many collectors.The Morgan silver dollar was minted from 1878 through 1904 at five different mints. There were more than 300 million coins minted. The coin is named after its designer, George T. Morgan. The coins were minted first in San Francisco and Carson City. In 1879, the New Orleans mint produced collectible Morgan dollars. In looking at the history of the Morgan dollar and determining where it was minted, one needs to look for the mint mark below the wreath on the reverse of the coin.Collectors know the intrinsic value of the Morgan dollar is in its history, its cost, and its future value. Collectors buy these coins for many reasons, including: *Affordability: Except for the rare, high-grade coins, Morgan dollars are very affordable for the collector. *Historical: Each minting of the coin is connected to history. For example, the 1921 coin is the last mint and was actually minted using silver created from the Pittman Act. *Inherent Value: The value of the coin will never go below one dollar. It is a form of currency and easily exchanged on the market for goods, just like the one dollar bill. There are many other reasons collectors choose the Morgan dollar. This coin is available in large quantities and is an investment for many people who collect silver.A common ploy to attract buyers to coins is to advertise the coin as being uncirculated. However, in the case of the Morgan Dollars, there were more than a billion coins that were uncirculated. Despite the fact that half of these were melted, the coins that are in the collectors' world are for the most part uncirculated. This makes it very important to buy only the highest grades of this coin. Any with a low grade, an AU-50 or lower, should be considered only a source of silver, not a collectible coin.The magic year is 1895. This is the year that collectors want to own when it comes to the Morgan silver dollar. This coin is known in the collector's world as the "King of the Morgan." The value comes from the mystery of the coin. There were 12,000 of these coins minted for circulation and 880 proofs struck. However, less than 100 of these coins are said to exist today, in unknown locations. There are several theories. Some believe the mint made a mistake in noting how many were minted. Others believe the coins are lost at sea, a true buried treasure. Others believe that the coins were melted down for silver. The value of these coins, if ever located, is astronomical. For example, a proof sample with a PF-68 grade is valued at more than $120,000.In 1972, the General Services Administration auctioned off via mail close to 3 million Morgan Dollars that were left in the Treasury. These were Carson City mints that the public did not know about. This release helped spur public interest in the coin once again.Then, in 1975, the real treasure was found and public interest skyrocketed. More than 400,000 beautiful Morgan Dollars were found in the basement of LaVere Redfield, a Las Vegas miser. Collectors' interest in the coins was once again peaked.Morgan Silver Dollars may not be the rarest coins in the collector world, but you still need to know how to buy them if you are considering collecting them. The silver content is 90 percent, which is good if you are collecting for the silver value, although there are coins that are pure silver. If you are going to buy Morgans, you should make sure you buy those that have a high grade and the most value.If you are serious about coin collecting, you need to buy books about or look up coin grading. It doesn't matter if a coin has a grade of PF-68 if you don't know what that means. There are many different grades of coins, more than can be presented in one paragraph. Check websites and the library for coin grading and learn how to spot the best of the best.(MORE)

Collecting silver dollars is one of the most common numismatic pastimes. There are hundreds of variations of these American one-dollar coins, some which are quite common, and …others that are so rare that they regularly fetch $10,000 or more each. Most collectors focus on the Morgan Silver dollars produced from 1878 until 1921 but there are several other styles that are highly collectable. The silver dollars coin values depend on two things, the rarity of the coin and its condition. This primer should help you determine the value of any silver dollar that you come across.If you have a silver dollar coin, it will fall into one of three categories: a pre-1936 silver dollar, a post-1985 silver dollar, or a 40 percent silver Eisenhower dollar produced between 1971 and 1976. If you have a post-1985 dollar, it is a bullion dollar and worth the standard spot price of silver. If you have an Eisenhower dollar, it is worth around $10 based on 24.59 grams per coin (with a .0321407466 ounce to gram conversion), times 40 percent, times the spot price of silver. If you have an older coin, that's when things get interesting.In the case that you have a pre-1936 silver dollar, it can be easily identified as one of seven types ? the flowing hair dollar, the draped bust dollar, the Gobrecht dollar, the seated liberty dollar, the trade dollar, the Morgan dollar, or the peace dollar. If you can't read the year on your coin, you may be able to identify the coin simply by the image on the obverse or reverse side. Silver dollars were minted in only a few cities ? Philadelphia, New Orleans, and Denver. The mint location is often the determining factor in valuation as collectors tend to want to have specimens from every mint for every year.If you can read the year, and hopefully the mint mark, you will be able to determine what city the coin was minted in and how many were made. These two values can be cross-referenced with a mintage chart available at most coin shops. This can give you a good idea of the worth of your coin. The rarer the coin is, the more value it will have. Mintages are not always the defining factor though. In several cases, full bags of uncirculated Morgan silver dollars have been found that have drastically reduced the value of a once "rare" coin.Grade is another determining factor. Almost all pre-1936 silver dollars that are sold in the marketplace have been graded by an accredited grading house. There are three standards for grading: Mint, Almost Uncirculated, and Circulated. Collectors tend to buy the Almost Uncirculated and Mint specimens for a hefty premium. These have never been handled by the public and are very rare finds indeed. The majority of silver dollars, though, are circulated. These coins generally sell for about twice to ten times the spot price of silver. Grades run on a scale from 1 to 75. Anything above 49 is an uncirculated or mint coin. So, if you happen to find a silver dollar at a yard sale or in your grandmother's attic, it will get a rating between 1 and 49.Most collectors don't pay too much attention to new Silver American Eagles, but there is a niche market for them. Some collectors like to purchase the silver proofs to add to an existing collection. The majority of silver eagles are bought by investors looking to hedge against inflation and that are hoping that the silver market will catch up to the gold market in terms of spot value. In fact, the U.S. Mint ran out of silver eagles in 2012 because of the high demand.You can get a ballpark figure on the value of your silver dollar by doing a bit of research on your own or comparing it to existing coins at your local coin dealer. If you happen to have a relatively rare coin, it is worth having it appraised and graded by an authorized grader. This will put a firm price on your coin that will be beyond reproach. And, if you are an investor, look to the current silver proofs that the U.S. Mint has for sale. They are the only silver coins that you can get near spot price.From 1904 to 1920, there were no silver dollars minted in the United States due to a bullion shortage. This led to the government melting down 270 existing silver dollars to re-mint into new ones. This contributed to the scarcity of the pre 1904 coins.(MORE)

The Morgan silver dollar is a collectible coin produced from 1878 to 1904 and again in 1921. As far as coins go, this is a collector favorite. This is due to several factors, …including the design and the value of the metal. This article will help you learn how to value a collection of these American coins.The easiest way to tell if a collector has a Morgan silver dollar is to look at the design. The front features Lady Liberty's profile. The obverse side features an eagle. The Latin phrase "E Pluribus Unum" is also on the front. The obverse side states the value of the coin and the originating country, in this case the US.One reason these coins are desirable is the melt value. Of course, it would be a shame to melt such a beautiful coin, and most collectors would never do such a thing. However, this large coin is made from 90 percent pure silver. Its value increased 400 percent since the time of its manufacture simply because of its high silver content. This was also the reason the coin stopped production since it was too costly to produce.Another factor in the worth of the coin is its grade. Uncirculated coins, those described as being in mint state because the coin never saw public use, have the highest value. Coins with some wear and tear are worth less, depending on the amount of damage. Even a poor coin would still have some value simply from the metal content alone. Always get a coin graded by a certification agency to assess its true value.Never clean a coin. Silver coins especially develop a natural patina over time. This makes the coin look absolutely lovely with its shades of blue and magenta. Trying to clean the coin and remove this tarnish damages the luster. This, in turn, decreases the coin's overall value. Appreciate the coin's natural color as part of the product and resist the urge to remove any tarnish on the silver metal.There are some varieties of these coins that are worth more than others. Many of these come from the Carson City Mint in Nevada, which was the origin of most of the silver. The 1881, 1885, 1889, and 1893 silver dollar from Carson City is a very rare coin. The 1895 proof is also a rare example, along with the 1893 and 1895 coins from San Francisco. Another collector favorite is the 1878 dollar, one with an eagle with eight tail feathers, and another with only seven tail feathers.This is just a short overview of how to assess the value of a Morgan silver dollar collection. The worth of a collection depends on the melt value and grade of the coins. A well-cared for set in ideal condition is worth more than a set in poor condition. Add in a few of the very rare varieties and a collector could have a small fortune on his or her hands.Morgan silver dollars used so much silver because it was plentiful at the time. A large lode of silver was found in Nevada. Therefore, the country had plenty of this precious metal to go around.(MORE)

Morgan silver dollar coins are still among the most collectible numismatic objects struck at the U.S. Mint, though there is a much more checkered history behind them than some… might suspect. Silver coins from older times are excellent collection and investment pieces, but they frequently carry their own fascinating tales of change, trouble, and occasional villainy to enhance their historical value. Morgan dollars were struck to replace the Seated Liberty and Trade dollars, which had gone before them, after a complicated dance of corruption, manipulation, and popular outrage. The Morgan dollar was the primary dollar coin of the realm for over 40 years, from 1878-1921.The Morgan silver dollar coin is 1.5-inch coin, with a reeded edge intended to prevent people from shaving precious metal off the rim and thus debasing the currency. The obverse shows the tranquil head of Liberty in profile, gazing to the left, with a wreath of oak leaves and a Phrygian cap on her head, secured by a ribbon bearing the inscription "Liberty." The words "E Pluribus Unum" appear above her, and 13 stars, one for each of the original colonies, encircle the edge of the coin. The date appears directly below the goddess' neck. The reverse shows an eagle with wings spread, its talons clutching the arrows of war and the olive branch of peace, with another wreath and the words "United States of America," "One Dollar," and "In God We Trust" at various positions around the coin's edge.A British immigrant, George T. Morgan, was the designer of the Morgan dollar, bringing his Royal Mint expertise to the New World and carving out a niche for himself with this noteworthy coin. The coin was struck in highly variable numbers, with some years witnessing a mintage of a quarter-million coins and some rising as high as eight or nine million. Coinage was more important then than it is today, so more mints were operational at the time. Carson City, Denver, New Orleans, Philadelphia, and San Francisco were all involved in striking Morgan dollars. The mintmark, in cases where it appears, is usually located directly beneath the center of the laurel wreath that half-encircles the eagle on the coin's reverse. The coins are struck out of 90-percent silver, 10-percent copper, which is an alloy used for centuries to make valuable but durable currency. Each also contains 0.77 ounces of pure silver, which is the same weight as the original Spanish dollars the American dollar coin was based on.Silver dollars have a tangled, occasionally tawdry history in the 19th century, and it is from these various financial manipulations that the Morgan eventually emerged. The Coinage Act of 1873, which was dubbed "The Crime of '73," stopped production of Seated Liberty dollars and instead diverted all silver money production into the creation of Trade dollars, a special and much-loathed currency used to buy goods in China rather than inside America itself. Officially, the country went onto the gold standard in 1873. However, the combination of destructive deflation due to the gold standard, which is an extremely fixed money supply that drags down any economy using it, and pressure from big mining concerns tapping the Comstock Lode, led the government to reintroduce silver dollars 5 years later. The Morgan dollar, in short, was born out of a combination of corrective action after ill-advised changes to the currency, and the conniving of powerful mining interests.Alert or well-read numismatic enthusiasts will quickly note that there is a lengthy gap in the striking of Morgan silver dollar coins, with none produced from 1904-1921. The reason for this gap is twofold, with the first factor being the rising popularity of gold coinage as the gold standard proceeded on its way towards its ultimate collapse. This collapse was the result of a deadly combination of economic expansion and a miserably small, gold-based money supply the American economy during the 1930s, in what has since been dubbed the Great Depression. The other factor is that the government simply ran out of silver to strike more coins in 1904 and was compelled to suspend its minting in the following year due to the absence of raw materials. Beginning in 1918, 270-million silver dollars were collected and melted by the Mint, which allowed production of Morgan dollars to resume in 1921, after a 17-year hiatus.Morgan silver is popular among collectors today, with each coin worth a minimum of the spot value of 0.77 ounces of fine silver unless heavily mutilated or worn. Certain mintages are worth far more than others. For example, those coins struck in Carson City in 1879, designated 1879-CC, are worth at least $300 if in very fine condition and range up $34,000 or more if in mint state, also called MS-65. Proof coins exist for most years, and they are worth $2,700 to $3,500 if in good condition, with mirrored surfaces still surviving. Several different kinds of error coin exist, including "Hot Lips" dollars in which a double striking error on the obverse gives Liberty sensuously plump, pouting lips, raising the value of the coin as high as $1,800 depending on quality.The Morgan silver dollar coin is a favorite among collectors today both because of its artistry and because of its many collectible variants, including rare and error strikes, as well as proof coins. Though its history is checkered and somewhat besmirched by monetary finagling at the highest levels, this detracts neither from its interest nor from the lovely simplicity of George Morgan's design. It is also interesting as a silver piece produced at the time when the gold standard was gaining ground before its final, permanent collapse.Some of the most valuable Morgan dollars are those that were struck at the Carson City Mint located in Carson City, Nevada. This Mint had a very brief active life, operating only between 1870-1893, which explains why the CC mintmark is rare and valuable. The Carson City Mint was created specifically to process the precious metals extracted from the Comstock Lode, which is approximately 15 miles from Carson City. When the lode was exhausted around 1880, the need for the Mint gradually declined and its operations were phased out 13 years later, turning its mintmark into a collector's item.(MORE)

One of the most popular of all collector coins is the Morgan silver dollar issued by the U.S. government between 1878 and 1921. The U.S. Morgan silver dollar has an interestin…g history, and several facts concerning its creation and manufacturer are worth noting.The obverse, or heads, side of the coin depicts an image of Liberty. The model for the portrait was a Philadelphia woman named Anna Willess Williams. The coin's designer, George T. Morgan, stated that she had the best profile he had ever seen.Coinage of the U.S. Morgan silver dollar began on March 11, 1978. The first coin was struck at 3:17 p.m. on that date. The coin was given to Rutherford B. Hayes, who was president at the time.Many Morgan silver dollars have a mint mark on the reverse side that indicates the city where they were minted. For example, if you see a "D" at bottom of the reverse, it means the coin was minted in Denver. An "S" on the reverse stands for San Francisco. One city does not have a mint mark, however. If your coin has no mint mark, it was produced by the mint in Philadelphia.During the 1960s, a large batch of Morgan silvers dollars minted at Carson City, Nev., were discovered. The General Services Administration put these coins in a special case and sold them to the public through the mail between 1972 and 1974. About a million coins remained unsold, however, and were disposed of in a later sale in 1980. You can purchase one of these dollars from a dealer, although the price varies depending on the date and condition of the specific coinThe fascinating history of the U.S. Morgan silver dollar is one of the factors that has led to widespread collector interest in the coin. If you are interested in starting a coin collection, concentrating on the Morgan dollar is a great way to begin.The Latin motto "E pluribus unum," which is such a prominent feature of the Morgan silver dollar, was originally applied to a salad consisting of multiple ingredients.(MORE)

There are two distinct types of dollar coin collectors, those that collect historic silver dollars and those that collect dollar coins minted after 1970. Depending on the reas…on you buy dollar coins, you will probably fall into one category or the other, or both. Silver dollar collectors generally collect coins for the sheer numismatic joy. They like having the piece of history in their collection. However, some collectors buy low quality coins in bulk for their silver content alone. Collectors of the newer dollar coins may either be collecting to have a full set of the newly minted series or to save for later generations in the hopes that they increase in value. Because there is no tangible precious metal content in these new dollar coins, their value will depend on the number of collections in existence and the quality of those collections.Before you buy your first coin, you should visit a local coin dealer to see what is popular in the marketplace. Don't buy anything on your first trip in. Use this as a time to get to know the person or people behind the counter. If they continually try to sell you coins, you might want to find another shop. If they offer insight into the coin collecting world, and you feel they are trustworthy, then you may have found the expert guidance you will need to make good coin buying decisions.While older dollar coins are more in demand than newer ones, this is simply because there are fewer pristine examples of them left. Look into the most popular dollar coins, those that are the rarest, and those that have great numismatic value due to mis-strike, or other mint errors. Even the newest presidential dollars have unique strike variations that can make a single coin worth hundreds of dollars. The web is a good source of information for some of these coins, but joining a numismatist club and chatting with your local coin dealer will be much more helpful. They will be able to help you identify these potentially valuable coins by showing you real-world examples.When you first decide to start buying dollar coins, you need to decide whether this is something you are going to be doing for fun, or something that is meant to be an investment. If you are looking for investments, you'll want to focus on true silver dollar coins. These coins are comprised of 90 percent or greater silver. This means that their value will be based on both the rarity of the coin and the spot price of silver. These coins will always retain their value against the American dollar because they trade inversely to the inflation rate. If you are collecting for fun, it is much easier to collect full sets of the newer presidential issue dollars, the Sacagawea dollar and the slightly older Susan B Anthonys.There are three distinct grading scales that are used in coin collecting; MS (mint state), AU (almost uncirculated) and C (circulated). When you first start collecting, you will be working with mostly circulated coins. These coins get collector ratings from 1-49. A 1 coin will be ugly, scuffed, and almost unrecognizable as a coin, while a 49 will be the most beautiful, lustrous blemish free coin possible. Circulated coins have the lowest collector value, even those that rate a 49. Almost uncirculated coins have ratings from 50-59. Again, the lowest value will have considerable bag marking and scratching but will never have made it to public use. The mint state coins will never have been touched by human hands and get grades of 60 and above. These are the most desirable coins and those that are prized by serious collectors.One of the biggest mistakes that new collectors make is buying coins from an online auction. If you cannot inspect the coin before purchase and rely on the honesty of someone on the other end of a computer screen, you are ripe for the picking. There are hundreds of fake silver dollars in the world, most of which are sold over the internet. Coins are a huge draw on eBay but if the deal looks too good to be true, it probably is.There is always some special-edition coin being minted or some collectors set being hocked on a late night infomercial. Don't buy them. Many of these sets, although they are authentic, do not have numismatic value. In fact, some collectors believe that coins that are specially painted or have gold gilding, actually damage the value of the coin instead of raise it. Collectors' sets that come in fancy boxes may be the exception. If the box is high quality and allows a collection to be displayed in a way that doesn't damage it, it may be worth the extra cost. This would be similar to owning a vintage toy in its original box. Still, it may be better to simply order a $500 box of coin rolls from the U.S. Mint directly.The natural oils from human fingers can damage the coating on a coin. You may have come across vintage coins with fingerprints etched into the surface. The oils in the skin remove the protective coating and allow oxygen to get to the metal beneath and start the oxidation process. Always use special gloves when handling your coins and only hold them by the edge between your index finger and thumb. This will prevent the obverse and reverse sides from being damaged.The United States isn't the only country that has produced collectable dollar coins. Australia has minted a dollar coin since 1984, with Queen Elizabeth II on the obverse side and five kangaroos on the reverse. Coins from other countries don't have the same interest to U.S. coin collectors, but this may be just the reason to collect them. Rarity is one of the two major factors that increase the value of a coin. If no one is actively collecting them, they may fall into obscurity and become worth something in the future.Buying dollar coins is either a passionate hobby or an effort to combat inflation with precious metal. Either way, there are a few things that you need to know to get the most for your money. Finding a good mentor at a local coin shop is the best place to start. With years of industry experience to draw from, they can help you find exactly what you are looking for and advise you of the shady people in the business that you should avoid.President Barack Obama suspended the production of the U.S. president series dollar coins because of lack of interest. As of January 2013, there were over $1 billion worth of presidential coins in the U.S. Mint vault. The last presidential dollar minted was number 24, the second-term Grover Cleveland dollar.(MORE)

Silver certificates were bills backed 1-for-1 by silver metal on deposit in the US Treasury. They could only be printed in quantities equal to the total amount of silver in th…e vaults, which put a significant limit on the ability of the Treasury to adjust the money supply. Silver certificates were possible only because the government controlled the price of silver and held it fixed for decades at the now ridiculously low level of $1.29 per ounce. But in the 1960s the demand for silver skyrocketed and the Treasury was forced to deregulate its price and sell off its stocks. The 1-1 backing of bills with metal was suspended because otherwise people could "game" price swings and make a profit by trading bills back and forth for silver bullion. In 1963 new $1 Federal Reserve Notes started to replace silver certificates, and by 1968 the government stopped exchanging silver certificates for bullion. (MORE)

The FACE value of these bills is $1 but their collector value varies considerably. For example, circulated 1957 / 57A / 57B silver certificates and some later-series 1935 …bills are quite common among collectors and sell for only 25 to 50 cents extra. Others, such as bills specially printed for use in Hawaii and North Africa during WWII, and bills dated 1934 and earlier, can be worth a lot more. If you have questions about a specific date, check to see if there's a small "series letter" next to the date, then check for questions in the form "What is the value of a [date] [letter] US [value] silver certificate?", e.g. "What is the value of a 1953 A US 10 dollar silver certificate?(MORE)

Until the mid-1960s silver certificates were backed with silver on deposit in the US Treasury. Only as many dollars worth of silver certificates could be issued as there was s…ilver on hand, which acted as a control on the money supply. The phrase "will pay to the bearer on demand", etc. was honored in various ways over the years - sometimes in silver bullion, sometimes in silver coins - depending on the laws in effect at the time and the availability of each form of the metal. Redemption of silver certificates was halted when the price of silver was deregulated and the US stopped backing its money with precious metals. The government could no longer guarantee a fixed amount of silver for each dollar, and in fact the Treasury's stockpile of silver was sold off. (MORE)

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Hello friends. My name is Steven, aka Steven KeyMan. I am a long time collector of baseball memorabilia, and it has become more than a hobby but an obsession. I owned, and operated a Baseball Card hobby shop in the 1980's through the 1990's. Afterwards I started selling on eBay… (MORE)

A shekel is a unit of weight, so the value of 20 shekels in US dollars would fluctuate with the current trading value of silver. One shekel is approximately 2/5 of an ounce or… 11.5 grams. As of today, 1/15/11, 20 shekels would be about $228. A shekel is also a unit of currency, and is presently the official currency of Israel. Since conversion varies, you would need to consult a bank or some such trading organization. As of today, 1/15/11, 20 shekels are approximately worth $5.6 dollars US.(MORE)

There has never been a genuine US $1M bill. Many novelty companies sell fake $1 million bills. They cost a couple of dollars and are used as joke items. The US o…nce printed bills up to $10,000 for regular circulation use, but printing ended in 1945 and distribution was halted in 1969. There were about 42,000 $100,000 bills printed for special government transactions but these were never publicly circulated. All but one or two were later destroyed. (MORE)